Decide whether the function is an exponential growth or exponential decay function and find the constant percentage
rate of growth or decay.
-$$f ( x ) = 1.5 \cdot 1.044 ^ { x }$$
A) Exponential growth function; $4.4 \%$
B) Exponential decay function; $0.044 \%$
C) Exponential growth function; $104.4 \%$
D) Exponential growth function; $0.044 \%$

Question

Quizplus · Accepted Answer

The function is an exponential growth function because the base of the exponent, 1.044, is greater than 1. The constant percentage rate of growth is 4.4%, which is obtained by subtracting 1 from the base (1.044 - 1 = 0.044) and converting to a percentage.

Decide Whether the Function Is an Exponential Growth or Exponential f(x)=1.5⋅1.044xf ( x ) = 1.5 \cdot 1.044 ^ { x }f(x)=1.5⋅1.044x

Decide Whether the Function Is an Exponential Growth or Exponential $f ( x ) = 1.5 \cdot 1.044 ^ { x }$